Oct 17, 2021  
Undergraduate Catalog | 2020-2021 
    
Undergraduate Catalog | 2020-2021 Previous Edition

Mathematics, Actuarial Science Concentration, B.S.


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The Department of Mathematics and Statistics offers an undergraduate program of study leading to a Bachelor of Science (B.S.) degree in Mathematics with a Concentration in Actuarial Science.  This program provides students a comprehensive course of study to learn the concepts and skills needed to begin a career path in actuarial science.  Actuaries are employed by insurance companies, government agencies, health service organizations, large corporations, and consulting firms.  Actuaries design and price insurance policies and pension programs.   Coursework in this program provides students with the core foundation for several of the professional actuarial exams (P, FM, IFM, LTAM).  Required courses in economics, finance, and applied statistical methods also meet the Society of Actuaries requirements for Validation by Educational Experience (VEE).

Admission Requirements


Freshman and Transfers

  • Minimum GPA:  2.0
  • Prerequisite Courses:  GPA of at least 2.0 in each of the following categories:
    • All MATH, STAT, and OPRS courses taken
    • All 2000-level and above MATH, STAT, and OPRS courses taken
  • Declaration of Major:  Change of Major forms accepted year-round; orientation/advising session required after declaration
  • Transferable Credit Hours:  24

Degree Requirements


The B.S. in Mathematics with a Concentration in Actuarial Science degree program consists of a minimum of 43 credit hours of mathematics and statistics courses, one programming course in computer science, and 21 credit hours of related courses for VEE (Validation of Educational Experience) credit and Technical Skills.  Students are also required to satisfy the Foreign Language requirement of the College of Liberal Arts & Sciences.  The required General Education coursework (outside of the Department of Mathematics and Statistics) consists of an additional 28 or 29 credit hours.  All UNC Charlotte students must have at least 120 earned credit hours in order to graduate.

General Education Courses (27-28 credit hours)


For details on required courses, refer to the General Education Program .

Foreign Language Requirement (0-8 credit hours)


For details, refer to the College of Liberal Arts & Sciences Foreign Language Requirement 

Note


The following courses prepare students for the following Actuarial Exams:

Note


Students who receive a grade of B or above in these ACCT, ECON, and FINN courses may apply to have the Validation by Educational Experience (VEE) credit applied to their record.

Unrestricted Elective Courses


As needed to complete the credit hours required for graduation.  Suggested courses include:

Degree Total = 120 Credit Hours


Grade Requirements


An overall GPA of at least 2.0 and a GPA of at least 2.0 in all math courses is required.

Cooperative Education Program


Students may participate in the Mathematics Cooperative Education Program in either the parallel or alternate track.  The parallel track combines part-time academic study and part-time cooperative experience during the same semester, while the alternate track alternates semesters totally devoted to work with semesters totally devoted to academic study.  Students in the Mathematics Cooperative Education Program must participate in a minimum of two semesters in the program.  Students who are in good standing with the University, have a minimum overall GPA of 2.5, and have completed 30 credit hours are eligible to apply.  Transfer students are required to complete 12 credit hours at the University prior to application. Students interested in participating in the program should contact the Coordinator of Undergraduate Programs in the Department of Mathematics and Statistics or the University Career Center for information.

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